Clarins Sales Top $1 Billion in 2004

12.09.05

Groupe Clarins’ sales rose 5.6% last year to $1.17 billion. The company’s beauty business, comprising skin care and makeup, generated sales of $734.5 million, a 7% increase over the prior-year period. In 2004 the company’s fragrance sales reached $433.5 million, up 3.3%. Net sales from skin care increased 11.4%, bolstered by new products in its Super Restorative line and growth in its men’s and skin whitening businesses.

L’Oréal has acquired 100% of ModiFace, an internationally recognized leader in augmented reality and artificial intelligence applied to the beauty industry. This acquisition is in line with L’Oréal’s digital accelerati…